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KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin

Hours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Take...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin
Hours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Takeaways: After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M) to the Ethereum mainnet. Peckshield confirmed […]

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Ethereum is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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